Massive Bitcoin Adoption & China’s Crypto Scene Exploding

 

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Bakkt announces the consumer focused payment app with Starbucks, Bitcoin options coming in December, Monero gets a frown from Germany, Cardano looks into ZK snarks, and China is going crazy for blockchain!
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Massive Bitcoin Adoption & China's Crypto Scene Exploding

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40 comments

  1. I have no intention of spending any bitcoin, holding as a store of value. I will sell when it reaches my target price. I’ll use crappy fiat to buy coffee.

  2. There’s an advantage of going out spending a small amount of Bitcoin, it’s fun and you meet some great people and have great conversations! Quite a few of the merchants know the scene really well.

  3. Btc is my savings. Now whay i would ever spend it on coffee or similar stuff.
    I would spend to buy house or things that provide value. Buying unassery things with Btc is super dumb in my opinion.

  4. I’ll just keep using my wirex card… spend crappy fiat and earn 0.5-1.75% cryptoback… get cash back every time (to put back in your account and recirculate it) and stack those Sats… spend £50, get cashback aswell of £50… that’s £100 total spend… which will get you £0.50-£1.75 in Satoshi’s… put your £50 cashback back in your account to do it over again 😂👍

  5. Psst…. Bitcoin is going to ride on top of and across other blockchains in the future. Think about how that will change crypto and the world.

  6. Problem in the US is if every transaction gets taxed, than small transactions like buying coffee will not take hold.

  7. You are in the accumulation phase of Bitcoin. Once your Bitcoin holdings reach a value of $1 million+ you won’t mind using it to purchase every day items. If your not a spendthrift you will be able to live entirely off your Bitcoin, and you will still see your Bitcoin holdings increase in value every year.

  8. I dont spend my bitcoin on coffe, i pay 2$ for it, i dont even finish my coffe and i will find i pay 30$ for that coffe 😂
    They want it because they know in future 1 coffe will be like 100 coffes

  9. Imagine Bitcoin at $1 million with an annual growth rate of 10%. You could spend up to $100,000 worth every year and still see your total Bitcoin net worth grow each and every year. This is the way sound money is supposed to work.

  10. I’d like to store one full Bitcoin as an investment and spend the rest; the spending actually strengthens the investment.

  11. I m all Bitcoin right now because I feel its has the best chance for success…my plan is buy some other crypto with Bitcoin and use it for Starbucks etc.

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